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#digital payment

Egypt’s first Payment Service Provider (PSP) InstaPay is set to add fees for transactions at the beginning of 2024. The app — launched in May 2022 — allows users to transfer and receive money from their bank accounts to any Egyptian bank account or digital wallet, as well as check their bank statements, with no additional fees. “InstaPay will continue providing a free of charge service until the end of 2023,” explains a social media representative from InstaPay in response…